G7 'Ready To Take Further Action' In Financial Markets

Jan 13, 2005

ByBridgeNews The Group of Seven vowed to prevent Sept. 11's terrorist attacks on the U.S. from disrupting the global economy and financial system, finance ministers and central bankers from the G7 countries said in a statement Sept. 12. "We are committed to ensuring that this tragedy will not be compounded by disruptions to the global economy," officials said in the brief statement. "Our central banks have indicated that they will provide liquidity to ensure that financial markets operate in an orderly fashion. "We will monitor economic developments and financial markets closely and stand ready to take further action as necessary."